Car Rental - The Cheaper Business Mileage Option
Countrywide Car and Van Rental, one of the largest short-term corporate vehicle rental distributors in the UK, believes that many companies are over-looking the tremendous savings to be achieved by using car rental. Compared to reimbursing an employee business mileage for using their own vehicle, the provision of a daily rental vehicle could easily represent a 400% saving.
Commercial director, Roddy Graham said: "Where companies rely on pool cars or employees using their own vehicles for business travel, they often overlook the cheaper car rental option. Unless a company is achieving a minimum 75% overall utilisation rate for each individual pool vehicle, the running of a pool car fleet is seldom economical. And where a company relies on employees using their own vehicles on company business they are probably paying more out in expenses than they should and exposing themselves to charges of not fulfilling their occupational road risk, duty of care and work-related road safety obligations.
"Take a typical trip from central London to central Birmingham. The return journey represents a total distance of 250 miles. A company paying a mileage allowance of 40 pence per mile would pay its employee £100. According to American Express, the cost of processing an expense claim could be as high as £44 per claim. So the total cost of the business trip to the company would be as much as £144. Compare this with a typical daily rental rate of £30 per day. Daily rental would be 380% cheaper!
"Insisting that non-company car drivers use a daily rental vehicle would also give the company additional peace of mind, knowing that they had provided a vehicle fit for the purpose, which was properly serviced and insured. The company would have fulfilled its duty of care responsibilities and its directors would not be exposed to potential individual corporate liability."
Countrywide customers benefit from a special all-inclusive pricing policy including free unlimited mileage. Deliveries can be arranged with as little as two hours' notice. For customers wishing to book by phone, a single reservations number - 0871 271 8855 - covers both local or national vehicle rentals.
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Leasedrive Velo is the largest independent privately-owned vehicle management group in the UK and comprises two main operating divisions.
Leasedrive Velo Vehicle Management
Working in partnership with fleet managers, or delivering a complete outsourced service, Leasedrive Velo offers blue chip clients a range of bespoke fleet management services. Major investments in the finest asset management system and pioneering, flexible, web-based customer service technology have resulted in Leasedrive Velo offering customers a truly world class fleet management service capability.
Leasedrive Velo Rental Management
One of the largest short-term vehicle rental management companies in the UK, with access to an almost unlimited choice of vehicles and locations throughout the country, Leasedrive Velo Rental Management offers a simple and transparent pricing policy with no hidden surcharges. For rentals of 28 days or more, it offers the Stopgap mid-term vehicle rental solution. Rates are substantially reduced compared to daily rental.
The headquarters for Leasedrive Velo is at hi-tech offices at TRL in Wokingham. Leasedrive Velo is the winner of the 2006 Fleet News Award for 'Best Contract Hire/Fleet Management Company' the 2006 GreenFleet Award for 'Leasing/Rental Company of the Year', The 2007 and 2008 Thames Valley Business Awards for 'Business Management Team of the Year' and the 2007 ITM Award for 'Independent Vehicle Management Company'.
For further press information on Leasedrive Velo, contact:
Mr Jeremy Snook
JSPR Ltd
Telephone: 01488 670002
Mobile: 07957 867139
Facsimile: 01488 670008
E-mail: jeremy.snook@jspr.co.uk
Website: www.jspr.co.uk